- Binance will combine Fetch.ai, Ocean Protocol, and SingularityNET tokens into the ASI token.
- Binance will droop deposits and withdrawals of FET, OCEAN, and AGIX from July 1, 2024.
- Buying and selling of the brand new ASI token will start on July 5, 2024 on Binance.
Binance has introduced that it’ll assist the combination of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) tokens into the brand new Synthetic Superintelligence (ASI) token. The alternate will deal with all technical elements to make sure a easy transition for customers.
Efficient July 1, 2024 at 3:30 AM UTC, Binance will quickly droop deposits and withdrawals for FET, OCEAN, and AGIX in preparation for the combination. Customers ought to plan their buying and selling accordingly.
Binance will even delist all spot buying and selling pairs for FET, OCEAN and AGIX, together with AGIX/BTC, AGIX/FDUSD, FET/BTC, FET/USDT, OCEAN/BNB and OCEAN/USDT. Any open orders will likely be robotically deleted as soon as buying and selling is halted.
Buying and selling of the brand new ASI token on Binance will start at 8AM UTC on July fifth, 2024. Holders of FET, OCEAN, and AGIX tokens could have their tokens robotically transformed to ASI on the following charges:
- 1 FET = 1 ASI.
- 1 OCEAN = 0.433226 ASI.
- 1 AGIX = 0.433350 ASI.
Binance Margin will delist cross and remoted margin buying and selling for these pairs by June 26, 2024 at 6:00 AM UTC. All positions will likely be robotically liquidated and canceled. For Binance Loans customers, excellent mortgage positions on FET, OCEAN, and AGIX will likely be closed by June 25, 2024 at 3:00 AM UTC. Customers are inspired to repay any excellent loans by this deadline.
Binance Easy Earn merchandise for FET, OCEAN, and AGIX will stop to be supported on June twenty eighth, 2024 at 3:00 AM UTC. Balances will likely be robotically redeemed and credited to customers' Spot wallets. Locked FET merchandise will likely be transformed to ASI locked merchandise on July eighth, 2024 at 4:00 AM UTC.
By way of its newest announcement, Binance will handle all technical necessities for the combination, making certain a seamless token swap for customers.
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